VS
When evaluating costs, ZWS features a management fee (MER) of 0.65%, compared to 0.65% for UMAX. Performance-wise, ZWS has returned 10.79% year-to-date with -$11 M in net flows, whereas UMAX is at 6.33% with +$486 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
ZWS
UMAX
| AuM | $124.50 M | $1,443.59 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.71% | 0.77% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZWS | +2.94% | +2.03% | +10.79% | +12.47% | +44.80% |
UMAX | +5.10% | -3.59% | +6.33% | +7.43% | +33.65% | |
| Flows | ZWS | +$4 M | +$4 M | -$11 M | -$17 M | -$75 M |
UMAX | -$14 M | +$114 M | +$486 M | +$586 M | +$1,456 M |
ZWS vs UMAX exposure
Countries
ZWS
Exposure data will be available soon
UMAX
Exposure data will be available soon
Sectors
ZWS
Exposure data will be available soon
UMAX
Exposure data will be available soon
As of October 30, 2026
Top 10 Holdings
ZWS
Exposure data will be available soon
UMAX
Exposure data will be available soon
Diversification
ZWS
Exposure data will be available soon
UMAX
Exposure data will be available soon
Characteristics
Compare
ZWS
UMAX
| Provider | BMO | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.18% | 15.65% |
| Meets ESG criteria | No | No |
| Inception Date | March 7, 2018 | June 14, 2023 |
Frequently asked questions about ZWS and UMAX
Which ETF has performed better year to date: ZWS or UMAX?
As of October 30, 2026, ZWS has returned 10.79% year to date, while UMAX has returned 6.33%. ZWS is ahead on YTD performance.
Which ETF is larger by assets under management: ZWS or UMAX?
As of October 30, 2026, ZWS manages $124.50 M in assets, while UMAX manages $1.44 B. UMAX is the larger fund by AUM.
How are ZWS and UMAX managed?
ZWS is actively managed by BMO. It does not track an index. UMAX is actively managed by Hamilton ETFs. It does not track an index.
Which ETF is attracting more investor flows: ZWS or UMAX?
Year to date, ZWS has seen -$10.62 M in net flows, compared with +$486.44 M for UMAX. UMAX has attracted more net investor money so far.
How do the fees of ZWS and UMAX compare?
ZWS has an expense ratio of 0.71%, while UMAX has an expense ratio of 0.77%.
Recent articles about ZWS and UMAX
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Posted on 6/13/2024 by Kyle Anthony inStock Market
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